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Greene County Bancorp, Inc. Announces Cash Dividend

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Greene County Bancorp, Inc. (NASDAQ-GCBC) has announced a quarterly cash dividend of $0.09 per share on its common stock. This reflects an annual cash dividend rate of $0.36 per share, consistent with the previous quarter's dividend. The dividend for the quarter ended September 30, 2024, will be paid to shareholders of record as of November 15, 2024, with an expected payment date of November 29, 2024.

Greene County Bancorp, MHC, which owns 54.1% of the Company's outstanding common shares, does not intend to waive its receipt of these dividends for the quarter ended September 30, 2024. The Company is the holding company for The Bank of Greene County and Greene County Commercial Bank, operating primarily in the Hudson Valley Region and Capital District Region of New York State.

Greene County Bancorp, Inc. (NASDAQ-GCBC) ha annunciato un dividendo in contante trimestrale di 0,09 $ per azione sulle sue azioni ordinarie. Ciò riflette un tasso di dividendo annuale in contante di 0,36 $ per azione, coerente con il dividendo del trimestre precedente. Il dividendo per il trimestre terminato il 30 settembre 2024 sarà pagato agli azionisti registrati al 15 novembre 2024, con una data di pagamento prevista per il 29 novembre 2024.

Greene County Bancorp, MHC, che detiene il 54,1% delle azioni ordinarie in circolazione dell'azienda, non ha intenzione di rinunciare alla ricezione di questi dividendi per il trimestre terminato il 30 settembre 2024. L'azienda è la holding per The Bank of Greene County e Greene County Commercial Bank, operando principalmente nella regione dell'Hudson Valley e nella Capital District Region dello stato di New York.

Greene County Bancorp, Inc. (NASDAQ-GCBC) ha anunciado un dividendo en efectivo trimestral de 0,09 $ por acción sobre sus acciones ordinarias. Esto refleja una tasa de dividendo anual en efectivo de 0,36 $ por acción, consistente con el dividendo del trimestre anterior. El dividendo para el trimestre que finalizó el 30 de septiembre de 2024 se pagará a los accionistas que estén registrados a partir del 15 de noviembre de 2024, con una fecha de pago prevista para el 29 de noviembre de 2024.

Greene County Bancorp, MHC, que posee el 54,1% de las acciones ordinarias en circulación de la empresa, no tiene la intención de renunciar al recibo de estos dividendos para el trimestre que finalizó el 30 de septiembre de 2024. La empresa es la compañía matriz de The Bank of Greene County y Greene County Commercial Bank, que opera principalmente en la región del Valle de Hudson y el Capital District Region del estado de Nueva York.

Greene County Bancorp, Inc. (NASDAQ-GCBC)는 자사의 보통주에 대해 주당 0.09 달러의 분기 현금 배당금을 발표했습니다. 이는 이전 분기의 배당금과 일치하는 주당 0.36 달러의 연간 현금 배당률을 반영합니다. 2024년 9월 30일로 종료된 분기의 배당금은 2024년 11월 15일 기준으로 주주에게 지급되며, 예상 지급일은 2024년 11월 29일입니다.

Greene County Bancorp, MHC는 회사의 발행 보통주 54.1%를 보유하고 있으며, 2024년 9월 30일로 종료된 분기의 배당금을 받는 것을 포기할 의도가 없습니다. 이 회사는 The Bank of Greene County와 Greene County Commercial Bank의 지주회사로, 주로 뉴욕주 허드슨 밸리 지역과 캐피탈 지역에서 운영됩니다.

Greene County Bancorp, Inc. (NASDAQ-GCBC) a annoncé un dividende en espèces trimestriel de 0,09 $ par action sur ses actions ordinaires. Cela reflète un taux de dividende en espèces annuel de 0,36 $ par action, conforme au dividende du trimestre précédent. Le dividende pour le trimestre se terminant le 30 septembre 2024 sera versé aux actionnaires enregistrés au 15 novembre 2024, avec une date de paiement prévue le 29 novembre 2024.

Greene County Bancorp, MHC, qui détient 54,1 % des actions ordinaires en circulation de l'entreprise, n'a pas l'intention de renoncer à la réception de ces dividendes pour le trimestre se terminant le 30 septembre 2024. La société est la société mère de The Bank of Greene County et de Greene County Commercial Bank, opérant principalement dans la région de l'Hudson Valley et la région du Capital District de l'État de New York.

Greene County Bancorp, Inc. (NASDAQ-GCBC) hat eine vierteljährliche Bar-Dividende von 0,09 $ pro Aktie auf seine Stammaktien angekündigt. Dies entspricht einer jährlichen Bar-Dividendenrate von 0,36 $ pro Aktie, die im Einklang mit der Dividende des vorherigen Quartals steht. Die Dividende für das am 30. September 2024 endende Quartal wird an die Aktionäre ausgezahlt, die am 15. November 2024 im Aktienregister stehen, mit einem voraussichtlichen Auszahlungstermin am 29. November 2024.

Greene County Bancorp, MHC, das 54,1 % der ausgegebenen Stammaktien des Unternehmens besitzt, beabsichtigt nicht, auf den Erhalt dieser Dividenden für das am 30. September 2024 endende Quartal zu verzichten. Das Unternehmen ist die Holdinggesellschaft für The Bank of Greene County und Greene County Commercial Bank, die hauptsächlich in der Hudson Valley Region und der Capital District Region des Bundesstaates New York tätig ist.

Positive
  • Consistent quarterly dividend of $0.09 per share maintained
  • Annual cash dividend rate of $0.36 per share unchanged from previous quarter
  • Majority shareholder (MHC) not waiving dividend receipt, potentially indicating financial stability
Negative
  • None.

CATSKILL, N.Y., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its Board of Directors has approved a quarterly cash dividend of $0.09 per share on the Company’s common stock. The dividend reflects an annual cash dividend rate of $0.36 per share, which is the same rate as the dividend declared during the previous quarter.

The cash dividend for the quarter ended September 30, 2024 will be paid to shareholders of record as of November 15, 2024, and is expected to be paid on November 29, 2024.

The Company is the majority-owned subsidiary of Greene County Bancorp, MHC (the “MHC”), a federal mutual holding company, which owns 54.1% of the Company’s outstanding common shares. The MHC has historically waived its right to receive dividends from the Company. However, for purposes of cash flow, the MHC does not intend to waive its receipts of these dividends to be paid by the Company for the quarter ended September 30, 2024.

Greene County Bancorp, Inc. is the direct and indirect holding company for The Bank of Greene County, a federally chartered savings bank, and Greene County Commercial Bank, a New York-chartered commercial bank, both headquartered in Catskill, New York. Our primary market are is the Hudson Valley Region and Capital District Region in New York State. For more information on Greene County Bancorp, Inc., visit www.tbogc.com.

For Further Information Contact:
Donald E. Gibson
President and Chief Executive Officer
(518) 943-2600
donaldg@tbogc.com


FAQ

What is the quarterly dividend amount for Greene County Bancorp (GCBC) for Q3 2024?

Greene County Bancorp (GCBC) has declared a quarterly cash dividend of $0.09 per share for the quarter ended September 30, 2024.

When will Greene County Bancorp (GCBC) pay its Q3 2024 dividend?

The dividend for the quarter ended September 30, 2024, is expected to be paid on November 29, 2024, to shareholders of record as of November 15, 2024.

What is the annual dividend rate for Greene County Bancorp (GCBC) based on the Q3 2024 announcement?

The announced quarterly dividend of $0.09 per share reflects an annual cash dividend rate of $0.36 per share for Greene County Bancorp (GCBC).

Has Greene County Bancorp (GCBC) changed its dividend rate compared to the previous quarter?

No, Greene County Bancorp (GCBC) has maintained the same dividend rate as the previous quarter, with an annual cash dividend rate of $0.36 per share.

Greene County Bancorp Inc

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Banks - Regional
Savings Institutions, Not Federally Chartered
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United States of America
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